Miami-Dade County Real Estate - Miami

Miami

Miami is Florida's second most populous city. Miami is also the second largest US city with a Spanish speaking majority, which accounts for its nickname of "the capital of Latin America." Industries with the largest influence in Miami include commerce, finance, and international business. Miami is home to the headquarters of many large businesses including Burger King, US Century Bank, Caribbean Cruise Lines, and World Fuel Services. The port of Miami is one of the nation's busiest ports and contributes $18 billion to the city's economy. The largest employers in Miami are Miami-Dade County Public Schools, Miami-Dade County, United States Government, Florida Government, University of Miami, and Baptist Health South Florida.

Miami is in South East Florida. It's population as recorded in the 2010 Census was 399,457.

The median age for residents of Miami is 38.8. Around 27.3% of Miami households include school aged children and 29.9% of households include individuals aged 65 years or over. Census records indicate 72.5% of the Miami population are White, 19.2% are Black or African American, .2% American Indian, .9% Asian and 2.6% are Two or more Races. Miami has a significant Hispanic population. 69.9% (279,456) of Miami residents are of Hispanic or Latino origin. Of these 2.08% are of Mexican origin, 4.57% Puerto Rican, 49.13% Cuban and 44.2% are of other Hispanic or Latino origin.

There are 183,994 housing units in Miami. 25,677 (13.9%) of these were reported as vacant in the 2010 Census. There are 118,493 residential rental units in Miami. 107,131 of them were occupied in 2010 providing a residential rental vacancy rate of 9.2%.

Miami links:

Miami-Dade County

Miami-Dade County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Palm Beach, Broward, and Monroe counties. Miami Dade County has 35 cities and incorporates many different geographical areas. The north, central, and east regions are heavily urbanized, with many large skyscrapers and a dense population. The southern region of Miami-Dade County is sparsely populated and is the heart of Miami-Dade's agricultural economy. The western region of the county includes the Everglades National Park and is inhabited only by a tribal village. The county is home to around 2.5 million people, making it the most populous in Florida and number seven in the country.

Major industries for this county are tourism, international trade, international banking, and transportation. Top public employers are Miami-Dade County Public Schools, Miami-Dade County, the Federal Government, Florida State Government, and Jackson Health Systems. Major private employers include the University of Miami, Baptist Health South Florida, Publix Supermarkets, American Airlines, and Precision Response Corporation.

The county's seat and largest city is Miami. Miami's close proximity to Latin America and the Caribbean makes it the center for international trade with those areas. The city?s population is 70% Hispanic. The concentration of Latin American businesses and international banks in the city has given it the nickname ?Capital of Latin America?. PortMiami acts as one of the largest cruise spots in the world. Miami International Airport is one of the busiest ports of entry for foreign travelers and handles the most international air cargo of any airport in the country.

Miami-Dade is also a major tourist destination, especially in the city of Miami Beach. The historic 1920s Art Deco hotels on Ocean Drive are well-known landmarks, many of which have historic designations. Visitors enjoy the warm weather, sandy beaches, and nightlife of South Beach. It is also a major convention destination. The annual Art Basel Miami and its satellite fairs bring the foremost art collectors to South Beach and the Miami neighborhood of Wynwood.

Miami-Dade County is home to numerous large universities including the private University of Miami, public Florida International University, and Catholic Barry University. The county is also home to historically-black Florida Memorial University and Miami Dade College, the second-largest public university in the nation by enrollment. The Miami-Dade County Public School System is the fifth-largest in the nation.

Neighboring Properties

AddressTypeSq FtClass 
2420 Swanson Ave Single Family 2,387 B
2434 Swanson Ave Single Family 1,437 C
2410 Swanson Ave Single Family 1,994 C
3015 Lucaya St Single Family 1,232 B
3045 Lucaya St Single Family 2,885 A
2435 Trapp Ave Single Family 2,026 B
2431 Trapp Ave Single Family 3,218 B
3000 Calusa St Single Family 1,513 B
2415 Trapp Ave Single Family 2,272 B
2441 Trapp Ave Single Family 2,194 B
2431 Swanson Ave Single Family 1,311 B
2421 Swanson Ave Single Family 1,570 B
2441 Swanson Ave Single Family 1,455 A
3040 Calusa St Single Family 1,049 B
2411 Swanson Ave Single Family 1,285 B
2452 Swanson Ave Single Family 1,521 B
3020 Lucaya St Single Family 1,632 B
2401 Swanson Ave Single Family 1,464 B
3040 Lucaya St Single Family 2,217 B
2930 Lucaya St Single Family 961 C
2336 Swanson Ave Single Family 2,165 B
2465 Trapp Ave Single Family 1,989 B
2345 Trapp Ave Multi-family - less than 10 units 2,377 B
2440 Trapp Ave Single Family 1,645 B
2460 Swanson Ave Single Family 1,874 B
3051 Lucaya St Single Family 1,425 B
2461 Swanson Ave Single Family 996 C
2400 Trapp Ave Single Family 1,949 B
2440 Inagua Ave Single Family 1,770 B
2910 Calusa St Single Family 1,857 A
2430 Trapp Ave Single Family 1,958 B
2430 Inagua Ave Single Family 1,432 B
2955 Lucaya St Single Family 2,331 B
2935 Calusa St Single Family 1,248 B
2481 Trapp Ave Single Family 1,955 B
2326 Swanson Ave Single Family 1,142 C
2335 Trapp Ave Multi-family - less than 10 units 2,458 B
2465 Swanson Ave Single Family 2,118 A
2910 Lucaya St Single Family 1,170 C
3060 Calusa St Single Family 1,220 B
2900 Calusa St Single Family 2,211 A
2474 Swanson Ave Single Family 1,605 B
2485 Trapp Ave Single Family 1,746 B
2466 Trapp Ave Multi-family - less than 10 units 2,606 C
2325 Swanson Ave Single Family 1,484 B
3069 Lucaya St Single Family 3,792 B
2462 Inagua Ave Single Family 2,037 A
2320 Swanson Ave Single Family 1,526 C
3051 Calusa St Single Family 3,332 A

Local Household Income

The median household income in this part of Florida is $44,926. The bottom 10% of the population earn less than $12,918 per year. The top 10% earn more than $184,479 per year. The top 1% earn more than $594,594 per year. Most renters earn between $25,140 (20th percentile) and $49,848 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $89,852 and $112,315.

The tax assessed value of this property places it in percentile 90 of all properties in this area. This suggests it would appeal to someone earning around $184,479 per year who should qualify for a mortgage between $368,958 and $461,198.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $994. Most renters earn between $2,095 and $4,154 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 90 of all properties in this area. This corresponds to a rent of $1,955 per month and a monthly household income of $5,288 ($63,456 per year)

Nearby Companies

Citinova, Inc.
3085 Calusa St
James Point, LLC
3000 Calusa St
Aviva Sharp LLC
3024 Kirk St
Magic City Fitness LLC
2345 Trapp Ave
Clavelle Law Group, P.A.
2485 Swanson Ave
Sailfish Holdings, L.L.C.
2485 Trapp Ave
Red Sail Ltd., Inc.
2485 Trapp Ave
Ourboat LLC
2441 Trapp Ave
Kila Vision Inc.
2441 Trapp Ave
Invmgt Inc
2441 Trapp Ave
Argamar 18 Management LLC
2459 Lincoln Ave
Brigitte Eva Alfred LLC
2472 Inagua Ave
Evaluna Collection LLC
2472 Inagua Ave
Michelle A. Fish D.O., P.A.
2421 Inagua Ave
Hillah Sara Mendez, P.A.
2460 Swanson Ave
Adventures On The Sea, LLC.
2425 Inagua Ave
The Village Playgarden LLC
2431 Swanson Ave
Roystonea LLC
2431 Swanson Ave
Venture Architects LLC
2910 Calusa St
Nine32 LLC
3015 Lucaya St
Four98 LLC
3015 Lucaya St
Two00 LLC
3015 Lucaya St
Operation Lighthouse Inc.
3045 Lucaya St
Mazanec Law P.A.
3045 Lucaya St
Frisco Properties, LLC
2905 Calusa St
207 Sands LLC
2905 Calusa St
Conscious Greens, LLC
2905 Calusa St
R3d Inc
2935 Calusa St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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